MCQs on Banking & Finance Current Affairs (July 2026)

1.

Which technology is the foundation of the RBI's Central Bank Digital Currency (CBDC) - e-Rupee?

A Distributed Ledger Technology (DLT)

B Cloud Computing

C Artificial Intelligence

D Quantum Computing

2.

What is the primary purpose of the 'Digital Banking Units' (DBUs) established across India?

A To replace all physical bank branches

B To provide digital banking products and services in underserved areas

C To manage the national currency printing

D To regulate stock market transactions

3.

Which initiative was launched by the RBI to facilitate frictionless credit flow through digital means?

A Public Tech Platform for Frictionless Credit (PTPFC)

B Digital Rupee Initiative

C Unified Lending Interface (ULI)

D Bharat Bill Payment System

4.

What is the current Standing Deposit Facility (SDF) rate as per the latest MPC review?

A 6.25%

B 6.40%

C 6.15%

D 6.50%

5.

Which of the following is the primary objective of the RBI's current 'Withdrawal of Accommodation' stance?

A To increase liquidity in the market

B To align inflation to the 4% target

C To reduce the CRR for all banks

D To promote export-oriented lending

6.

As of the latest RBI Monetary Policy Committee (MPC) meeting in 2026, what is the status of the Repo Rate?

A 6.50%

B 6.25%

C 6.75%

D 6.00%

Banking & Finance MCQs - 2026-07-30